Student-Exclusive Studio Apartment in Tottori City
This is a studio apartment (one-room layout) located on the 7th floor of an 11-story SRC (Steel Reinforced Concrete) building in the Koyama-cho Nishi 1-chome area of Tottori City, Tottori Prefecture. The property has a floor area of 19.72 square meters (approx. 5.96 tsubo) and was built in January 1991. The unit features a balcony and has a southwest-facing main window. The property is sold as an owner-change (tenant-in-place) investment, with an estimated annual rental income of 396,000 yen and a gross yield of 44.00%.
This apartment is exclusively for students of Tottori University. The unit has been upgraded from its original layout, where the bathroom and toilet were in the same room, to a more popular layout with a separate bathroom and toilet. The building is under self-management with a daytime manager, and the management company is REM Inspection Co., Ltd. The land ownership is freehold. The property is located in a neighborhood commercial district. The nearest station is Tottori University-mae Station on the Sanin Main Line, which is a 5-minute walk away.
